Business

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Iran Sends US Peace Terms via Qatar as Oil Crosses $100 a Barrel

Iran's security chief says Tehran has sent Washington conditions to end the war through Qatar, including lifting the US naval blockade, as oil crosses $100

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

US and China Hold Final Trade Talks Before Sept. 24 Trump-Xi Summit

Bessent, Greer and He Lifeng met in New York on Sunday to prepare for the September 24 Trump-Xi summit.

China Controls 90% of Rare Earths as Trump-Xi Summit Nears

China controls 90% of rare earths as Trump and Xi prepare to meet Thursday, with export restrictions hanging over the talks.

Robinhood Plans NYSE Listing for Ventures Fund II, Targeting $200 Million IPO

Robinhood plans to list its early-stage venture fund RVII on the NYSE in a deal targeting about $200 million, opening private-market exposure to retail inv

Amazon Joins $3 Trillion Club as AI and Cloud Growth Power Market Rally

Amazon has surpassed a $3 trillion market valuation for the first time as AI optimism and cloud computing growth power a broad Wall Street rally.

Palantir Stock Rallies Ahead of Quarterly Results as Investors Weigh Lofty Valuation

Palantir shares climbed ahead of its quarterly results as investors weigh strong AI-driven growth against one of the steepest valuations in tech.

Visa to Acquire Fraud Intelligence Firm BioCatch in $2.4 Billion Cybersecurity Push

Visa has agreed to acquire fraud intelligence firm BioCatch for $2.4 billion, expanding its cybersecurity and behavioral biometrics capabilities.

SpaceX Faces First Earnings Test as Post-IPO Slump Rattles Investors

SpaceX prepares to report its first quarterly earnings as a public company amid a sharp post-IPO share decline, putting Elon Musk under fresh investor scru

Strategy Sells $105 Million in Bitcoin, Signaling Shift Toward Liquidity Priorities

Strategy has sold about $105 million in bitcoin, signaling a shift toward prioritizing liquidity over accumulation amid volatile crypto markets.

Gold Climbs as U.S. Pauses Airstrikes, With Deutsche Bank Holding Bullish Year-End Target

Gold prices opened higher after the U.S. paused planned airstrikes, while Deutsche Bank reaffirmed its year-end target, calling the metal's rally an 'explo

Tyson Foods Lowers Annual Profit Outlook as Tight Cattle Supplies Squeeze Beef Unit

Tyson Foods lowered its annual profit outlook as tight US cattle supplies squeeze margins in its beef business, the company's largest protein segment.

CXMT Plans Second Beijing Chip Plant, Seeks Funding to Expand Memory Output

Chinese memory chipmaker CXMT is planning a second Beijing plant and is in funding talks to expand DRAM output amid rising demand and U.S. tech restriction

AstraZeneca in Talks to Acquire Bristol Myers Squibb in Near-$400 Billion Merger

AstraZeneca is in discussions to acquire Bristol Myers Squibb in a near-$400 billion merger that would create the world's fourth-largest drugmaker.

WestJet Flight Attendants Reach Tentative Wage Deal, Ending Disruptive Strike

WestJet flight attendants have reached a tentative wage deal with the carrier, ending a strike that grounded hundreds of flights across Canada.

Nissan Returns to Profit but Warns of Persistent China and Middle East Challenges

Nissan reported a 3.8 billion yen quarterly profit, reversing a heavy loss, but warned of persistent challenges in China and the Middle East.

Micron Shares Dip as Citi Pulls Catalyst Watch Amid Memory Sector Jitters

Micron shares slipped after Citi pulled its catalyst watch, adding to memory-sector jitters, though analysts say long-term AI demand fundamentals remain in

Yen Hits Three-Month High After Rare Joint US-Japan Currency Intervention

The yen strengthened to ¥155 against the dollar after Washington and Tokyo confirmed a rare joint currency intervention, though analysts question its stayi

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